Half yearly

akks half yearly
Junior - the following figures explain why you are been taken for a ride .
The figures below are for 6 months
290k for professional fees
233 other expenses ( you don't need to know lol )
133kn in travel and accomodation expenses ( I kid you not )
All of the above is in addition to salaries 630 k of other costs for the half year . Travel and accommodation of 133,000 . These guys are living the high life while they earn 30k on revenue .
Orion - you need more the 500 barrels per day and 2 m margin to pay for these guys. A lot more

big kahuna
Look at transaction costs for last raisings
3.49m raised cost 498k costs ( about 14% !! )

And the icing on the cake
Trade receivables 73k
Trade payables 452k
That's right - these guys will need a another raising before too long . They will no doubt try to announce something about the bird well and will raise money before on IP numbeR